15 Cadell Street Goolwa, SA, 5214

Prime Main Street Commercial Opportunity

Positioned in the heart of Goolwa's thriving main street precinct, this versatile commercial property presents an outstanding opportunity for investors, owner-occupiers and business operators seeking a prominent and highly convenient location.

Previously utilised as a medical centre, the property offers an adaptable floorplan that is ideally suited to a range of professional, consulting or commercial uses. Currently configured with seven separate offices, the premises also include a central reception area and waiting room, kitchen facilities and dual toilets.

The existing layout lends itself perfectly to a professional practice or office headquarters, while also providing excellent scope to accommodate multiple smaller businesses or individual office tenancies under the one roof.

Set on a generous 492sqm allotment with an impressive 15.29-metre frontage to Cadell Street, the property also enjoys the valuable benefit of off-street parking for 6 vehicles at the rear, accessed via a sealed driveway.

Comfortable and functional in its current form, there is also exciting scope for a new owner to refurbish and modernise the premises, adding further appeal and potentially enhancing both its rental return and long-term value.

For investors, there is already income in place, with one office currently occupied on a month-by-month tenancy at $558.66 per month inclusive of GST and outgoings. Importantly, this tenancy occupies only approximately 15% of the total premises, highlighting the considerable potential to generate a substantially greater overall return should the balance of the property be leased.

Alternatively, an owner-occupier could establish their own business within the premises while leasing the remaining offices to complementary businesses, creating an additional income stream and making excellent use of the property's versatile configuration.

With its prime Cadell Street position, generous landholding, established commercial layout and significant scope to further improve its income potential, 15 Cadell Street represents a rare opportunity to secure a versatile commercial holding in the heart of Goolwa.

Whether you're looking to invest, occupy, refurbish or reposition, this is a property packed with possibilities.

A fantastic commercial opportunity in a tightly held main street location – don't miss this one.